Tolbert Eric Brian 4
4 · MASSEY ENERGY CO · Filed Mar 28, 2011
Insider Transaction Report
Form 4
Tolbert Eric Brian
VP & Chief Financial Officer
Transactions
- Sale
Common Stock
2011-03-25$68.00/sh−2,164$147,152→ 7,283 total - Exercise/Conversion
Common Stock
2011-03-25$38.99/sh+1,225$47,769→ 9,447 total - Exercise/Conversion
Employee Stock Options (right to buy)
2011-03-25−1,225→ 2,449 totalExercise: $34.05From: 2010-11-09Exp: 2019-11-09→ Common Stock (1,225 underlying)
Footnotes (2)
- [F1]The stock options were exercised and the underlying common stock was sold and shares of common stock held by the reporting person were sold pursuant to a sales plan entered into by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- [F2]Consideration for these stock options is in the form of labor performed for or services rendered to Massey, having a fair market value of not less than the present fair market value of a like number of options of common stock of Massey.